Tag «Reserve Bank Governor D Subbarao»

Rate cut hopes help Sensex close above 20,000

15th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline   The Indian equity market started off the week with smart gains. The Nifty managed to sustain above the 6,000 mark for the second consecutive trading session while the Sensex closed above the 20,000 mark for the first time since May 30. …

5800 again; Nifty ends above 200 DMA

4th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  5800 again; Nifty ends above 200 DMA The Indian equity market ended on a solid note on Thursday. In fact, it closed near the day’s high with the Nifty surging past the 5,800 mark and also its 200 Daily Moving Average. The …